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have heard a lot of people say over the course of the campaign people love medicare but an expert said today a lot of that is because for every dollar you put in most members get $3 back and that is unsustainable. when you start talking about entitlement reform, a lost groups and seniors get upset. >>shepard: there is a move problem, but don't mess with my math. where do the lawmakers stand? >>reporter: coburn told me, who you heard a moment ago, he could cut $600 billion out of the federal government and almost no one would notice. some democrats, they seem to think this could be some savings had at the pentagon. >> there isn't anyone left right or center who wants to compromise america's national defense but to believe that having ended one war in iraq and ending another in afghanistan and reassessing our role in the world we cannot find savings in the pentagon is not affair assessment. >>reporter: i have heard that from others, as well, after two wars, after the great expansion of our military over the two wars, there could be some savings to be had but at this point a lot of discus
"your business" sunday mornings at 7:30 on msnbc. [ male announcer ] if you're eligible for medicare... now's a good time to think about your options. are you looking for a plan that really meets your needs? and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and could save you in out-of-pocket medical costs every year. call today to request a free decision guide. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. if you're thinking about your options, call today. when you call, request your free decision guide. and find the aarp medicare supplement plan that may be right for you. o0 ci had[ designer ]eeling enough of just covering up my moderate to severe plaque psoriasis. i deci
on medicare? do you have the coverage you need? open enrollment ends friday, december 7th. so now's the time to get on a path that could be right for you... with unitedhealthcare medicare solutions and plans including aarp medicarecomplete, insured through unitedhealthcare. call today to enroll. these medicare advantage plans can combine parts a and b, your hospital and doctor coverage... with part d prescription drug coverage, and extra benefits... all in one complete plan... for a $0 monthly premium. no more than what you already pay for medicare part b. other benefits can include 100% coverage for an annual physical and immunizations, vision and hearing coverage -- and prescriptions as low as $2... at pharmacies and retail locations like these. ♪ don't wait. let's get you on the right path. call today to enroll in a plan from unitedhealthcare, like aarp medicarecomplete. >> announcer: meet jill. she thought she'd feel better after seeing her doctor. and she might have, if not for kari, the identity thief who stole jill's social security number to open credit cards, destroying jill's cre
medicare doesn't pay all my medical expenses, i looked at my options. then i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it helps pick up some of what medicare doesn't pay. and could save you thousands in out-of-pocket costs. to me, relationships matter. i've been with my doctor for 12 years. now i know i'll be able to stick with him. [ male announcer ] with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and you never need a referral to see a specialist. so don't wait. call now and request this free decision guide to help you better understand medicare... and which aarp medicare supplement plan might be best for you. there's a wide range to choose from. we love to travel -- and there's so much more
medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it could save you thousands in out-of-pocket costs. call now to request your free decision guide. i've been with my doctor for 12 years. now i know i'll be able to stick with him. you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and you never need a referral. see why millions of people have already enrolled in the only medicare supplement insurance plans endorsed by aarp. don't wait. call now. [ man thinking ] oh, this gas. those antacids aren't working. oh no, not that, not here! [ male announcer ] antacids don't relieve gas. gas-x is designed to relieve gas. gas-x. the gas xperts. >>> what do you do when they're screaming for entitlement
medicare and medicaid, we're talking about people's lives and health care. this is part of the reason why the president doesn't want social security to be part of it. why folk on the left are still angry that something like medicare or medicaid are sort of used as false equivalencies with tax increases. we have to think about people's real lives and health care really addresses those issues versus wealthy folk paying a little more. >> david, if that's the case, if professor peterson is right, why then did the president when he was in the process of negotiating a grand bargain with speaker boehner, agree to suggest or even imply that, for example, the age of qualification for certain of these entitlements would go up? >> the president has decided that the way to deal with this overall, i'm not saying this is right or wrong, is that we have divided government which means we're going to try to take care of the deficit and the tax cut and also the debt ceiling issue all at once. he tried to do that two summers ago and came close and he felt you had to give up something in terms of -- not soci
? medicare, medicaid carefully, these are chief drivers of our deficit. we made a lot of progress with obama care and there's other spending we have to cut. >> hold on a second. i think we all know what the chief drivers of our deficit are and have been. our projected deficit over the next seven years is driven mostly by the wars in iraq and afghanistan and the bush tax cuts. entitlement programs don't even compete with these costs. plouffe went on to pin the problem largely on republicans who are not flexible on higher tax rates, but he also said this. >> and so where i think the big bottleneck right now is republicans in congress on revenue and how much and where does it come from. democrats are also going to have to step up here and do some tough things. and you know, the notion that somehow that these deficits and our debt are not a threat to our national security and our economic future is something i could not disagree with more strongly, as does the president. there are some, maybe not so much in our party but some commentators on the left that suggest that we shouldn't deal with this
needs and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all travel with you. anywhere in the country. join the millions who have already enrolled in the only medicare supplement plans endorsed by aarp, an organization serving the needs of people 50 and over for generations... and provided by unitedhealthcare insurance company, which has over 30 years of experience behind it. call toda
of the budget which is all of those programs starting with medicare and medicaid. you can't get out of it without dealing with those, a and bowles is absolutely right. gerri: long way to go. thanks for coming on. appreciate your time. >> sure. thank you. gerri: as a reminder, the revenue from the bush tax cuts would generate just $82.4 billion a year, enough to run the government for five days. as president obama pushes for tax hikes on wealthier americans, he might look to britain to see the effect it has. it's not revenues. it's surprisingly less. after the labour party, that is, there, pushed for the top tax rate to 50%, 5-0, the richest left. two-thirds left to avoid paying the new tax. it also stopped people coming to and investing in britain. there's a lesson for you. turns out the proof is in the pudding realizing the errors of the way, the government is cutting the top rate to 45%. more to come like should washington sub di size wind energy? more on the fiscal cliff as americans on all levels have to prepare to take the tax hit. i hope it doesn't, but i'm going to break it d
fall under simpson-bowles just in the year 2015, starting with drug rebates under medicare part d. that money would come from the drug companies themselves, likely $6 billion just in the year of 2015. a change in inflation measure, that means that beneficiaries of medicare and medicaid might get less money going forward. that's $3 billion. cuts in farm subsidies, that's big. those guys would lose $3 billion that year. eliminating the in-school interest subsidy for student loans. that's a popular one for those folks who have taken out student loans but who are still in school. that would be a big hit, again, to those people taking student loans. clearly, there are going to be some unpopular political choices here. there's a lot of stuff that's very unpopular politically already in the simpson-bowles plan, which is what a lot of people here in washington are talking about as a starting point. don't forget, there's another very difficult conversation still to come, guys. >> no doubt, eamon. thanks so much. meantime t our next guest is one of the fix the debt ceos and wants more focus
for seniors. guest: first, the $716 billion worth of cuts from medicare. senior citizens, they like to say they have paid into the system all in their adult life. but the fact is, you cut $716 billion out of medicare, you add a 30 million new customers, you have 10,000 baby boomers retire in daily. the numbers do add up. i think senior is backedin 2009, senior citizens were opposed to the bill back then. people were talking about who had read it and who had not read it. the speaker of the house of the times said, we have to pass it to see what is in it. i think seniors were the only ones to read it. this of the cuts on the horizon. i think we're going to start seeing rationing if we are not already. host: in a news release put out by the 60 plus association after the election, you are quoted as saying -- talk to me about the plans. what is it you want to do in the days of the lame-duck part of congress. is there anything you can do? will you be lobbying members of congress, some of whom may not of backedin january? guest: besides health care, you touched on a couple of things. energy indep
there will be big cuts to the pentagon but not likewise cuts to medicare and other big entitlement programs and they believe that is another part. on the tax issue the republicans are playing defense. if they don't act the white house is ready to blame this on them in terms of going off the cliff. after coming out of the election where the republicans nuclear a hit the white house hopes they will not want to take another big blow after the election so quickly. >>shepard: powerball sales are skyrocketing, upping the jackpot and the odds someone will win the big surprise tonight. it is at $550 million. that is a record for powerball. the odds are slim of swinging, 1 in 75 million but zero chance if you don't buy. people are dreaming. >> i felt my whole life i was supposed to be rip. >> pay the bills and house off. not have to work. ever again. >> i have 17 charities first. they come first. >> i want to buy a house. >> how will you spend it? >> take a day off. >> officials say this is a 75 percent chance now that someone or multiple somebodies will win tonight. rick is on long island, new york
it for the country, but only if democrats are willing to make reforms on entitledment programs, medicare and medicaid and social security. that is big if. good morning, hope your turkey was great. martha: good morning, everybody, i'm martha maccallum. you've got this. congressman peter king and now senator bob corker say they will ignore the decades old pledge that was signed by 241 house members and senators. he says he believes it is a huge game-changer. >> when you're $16 trillion in debt the only pledge we should make to each other is to avoid becoming greece. republicans should put revenue on the table. we're this far in debt. we don't generate enough revenue. capping deductions will help generate revenue. raising tack rates will hurt job creation. bill: this is the heart of the matter. stuart varney, host of "varney & company". morning to you, sir? >> this is a real shift. one of the two sides had some movement in their position on the tax side of the debate. that side is the republican side. as you heard there from senator lindsey graham, other, and other republican, they are now prepared to a
is not raising taxes. what will make us greece is not fixing medicare, medicaid and social security. jon: white house press secretary jay carney says president obama will not give on extending current tax rates on wealthy americans. on entitlements carney says the president is open to changes except when it comes to social security. >> the president has long made clear that he is open to discussions about strengthening social security as part of a separate track. jon: so is the u.s. economy heading for a plunge over the fiscal cliff? with us now, associate editor and columnist for "the hill", a.b. stoddard. so what are the folks that you cover there on capitol hill, what are they saying about the prospects here? >> well, in the last 10 days it starts to sound more and more like democrats don't really have a problem with going over the slope or the cliff. they won't really admit that but it seems that they're not working so hard to stop it. you see the white house trying to tell americans that there is going to be such a steep tax increase on the middle class that it could affect consumer spendi
medicare and... social security are just numbers in a budget. well, we worked hard for those benefits. we earned them. and if washington tries to cram decisions about the future... of these programs into a last minute budget deal... we'll all pay the price. aarp is fighting to protect seniors with responsible... solutions that strengthen medicare and... social security for generations to come. we can do better than a last minute deal... that would hurt all of us. >>> cue the drum roll please, a top republican is trying to put distance between the gop and tax master grover norquist. at a closed-door meeting yesterday congressman tom cole urged his colleagues to get in line behind president obama and vote to extend only the bush tax cuts for middle income earners. such a move could lead to the expiration for the bush tax cuts for the top 2%. before the norquist spirit chasers could reach him, cole clarified today republicans could live to fight for lower rates another day. >> in my view, we all agree that we're not going to raise taxes on people that make less than $250,000. we should just
star rating among national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ >>> welcome back, everybody. this is where the president will be speaking moments from now from the white house surrounded by middle-class americans, an attempt by the president to continue building support for his plan to avert the fiscal cliff. >>> developing now, new clashes in cairo, egypt today, between protesters and police. the protesters have been demanding that egypt's new president rescind the decree he had last thursday granting him absolute power. tens of thousands of protesters rallied in caikacairo's tahrir square. two of e jim's top courts today suspended their work in protest of president mohamed morsi's decr decree. joining me to talk more about the middle east is ambassado
a speech yesterday about the entitlement aspect. medicare, medicaid. the entitlement aspect and basically said we don't want entitlements to be part of the immediate talks january 1st but think as democrats they should be part of longer terms talks for next year. i'm just wondering, is there a sense from the white house among democrats of what it is they're prepared to give in on on terms of entitlement? >> not enough to satisfy the republicans, this's for sure. they say up here they have seen nothing. unfortunately, the few people who are beginning to even talk about the need for eventual compromise like a tom cole, like a dick durbin are quickly getting smacked down here, particularly on the republican side. that congressman just got a spanking from john boehner in front of his caucus today so there's -- doesn't seem to be any movement in that direction. i was at a breakfast with bowles and simpson this morning and erskine bowles saying he think there is's a 1 in 3 chance of this working out before the fiscal cliff is reached on december 31st. he said he's not hearing enough in terms of
announcer ] it's that time of year again. medicare open enrollment. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. ♪ open enrollment ends december 7th. so now's the time. visit medicare.gov or call 1-800-medicare. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me how schwab tdd#: 1-800-345-2550 rates specific foreign stocks tdd#: 1-800-345-2550 based on things like fundamentals, momentum and risk. tdd#: 1-800-345-2550 and i al
, let's be honest. they mean getting rid of medicare, getting rid of medicaid. >> structural reforms. >> bill: and privatizing social security. >> it was good to hear yesterday jay carney the white house press secretary, i don't know if you were there. taking social security off the table. it's not a problem. it hasn't contributed to the deficit. that's off the table. they're open to medicare. they've been open to changing provider payments which there is a lot of waste there. encouraging pharmacy companies to give medicare and medicaid better rates. those are all positive reforms. those are big savings. so we can take and find savings from the provider side. it is when you go after the beneficiaries that you run into problems but look, you know, romney ran an entire campaign hitting democrats for cutting $716 billion out of medicare. now they turn -- republicans backed that view we shouldn't touch medicare at all. now they turn around and say you have to cut medicare. it is as if the 716 debate we had for mo
is fighting to protect seniors with responsible... solutions that strengthen medicare and... social security for generations to come. we can do better than a last minute deal... that would hurt all of us. >>> breaking news from egypt. thousands of protesters gathered in tahrir square. 6:15 at night there, many have been chanting step down in reaction to the decree issue by egypt's new president that grants him absolute power. the sixth straight day of protest after morsi issued his decree last thursday. earlier today, the protest turning violent on a street near tahrir square. at least three protesters have been killed since the weekend. nbc live from cairo. and the crowd in tahrir square has been growing, building over the past hours. explain what we're seeing now. >> reporter: well, behind me, probably tens of thousands of egyptians have gathered, been here since the early hours of the morning. in fact, some have been camped out for the past six days. many songs, chants, slogans reminiscent of two years ago, calling on the same things they did two years ago, which is for the president of e
republicans seem to really want is what they would call reform or spending cuts on the medicare side. you guys, your think tank released a report on how to do that while protecting seniors. if the center for american progress is saying you can cut medicare, is there common ground that can be reached here? >> i hope so. in the distant past, it was republicaned talking about ways to strengthen medicare by ensuring we are lowering health care costs. $385 billion in additional savings in medicare, but importantly, our proposals protect middle income beneficiaries. the pledge has required that republicans really go after beneficiaries. both for medicare and social security. so we're saying you can have a good deficit reduction plan that has savings in medicare, but it's important that we protect those who are vulnerable in the middle class, seniors, those on medicaid and we can do that. and one thing i would say about the pledge, there's a lot of talk about the politics and republicans moving, et cetera. the issue here is not politics when we're together. americans support this idea of basic fairne
medicare and medicaid and education from cuts. because for working families, it's all about putting americans back to work. not cutting the things we rely on most. >> this is just one part of the campaign to strengthen and support the middle class in this country. on a conference call last week, president obama made a direct personal appeal to 30,000 of his top campaign activists. he says it's not time to let up. the president told supporters he will barnstorm across the country to keep people engaged in negotiations over the talks. the president's allies also plan on harnessing the power of the obama campaign including the dashboard, a social network built by the obama team. the campaign manager says dash board helped win the election. it will now be used to promote the president's agenda. >> you could see people using dashboard to say, okay, i want to talk about the choices in front of us in the fiscal cliff. we did over 350,000 events on dashboard. it would be easy for supporters to start asking people to call members of congress. >> the biggest assets is republican stubbornness.
something out, how to avoid taxes, and reduce spending on medicare. but it is not yet clear when the lawmakers and the president will meet next. and even if some progress is made this week, a final deal could still be a long way off. >> we rarely see the hill and the white house make decisions early. they tend to do better when they have a deadline. so i -- i would be pleasantly surprised to see it -- a deal emerge earlier than the end of the year, but we'll see. >> reporter: and martin, even though there is not another meeting between the president and lawmakers on the president's schedule, that could certainly change. we know that senate majority leader reid said they hope to have another meeting with the president this week. >> athena jones, thank you, at the white house. >>> and president obama went christmas shopping today. the president and his daughters shopped at an independent store in virginia. the obamas are participating in the third annual event, the white house bought 15 books. >>> and cyber deals, no longer just for monday. they participated in the deals before bla
of year again. medicare open enrollment. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. ♪ open enrollment ends dember 7th. so now's the time. visit care.gov or call 1-800-medicare. >>neil: and guess what is topic one at the u.n. climate control? hurricane sandy, a storm they are still cleaning up and environmentalists hope they will be clean will up there, where some countries using the storm that dislocated thousands to now redistribute wealth to the tune of billions. all in the name of climate change. our reporter says that will cost a lot more that chump change. what is going on here? >>guest: well, this is like pavlov dogs, the activists think we need more taxes and regulations to stop bad weather. this is a primitive form of science. to use hurricane sandy as a poster child for global warming as the united nations and al gore is now doing, that makes as little sense as you can possibly imagine. we are at 30 or 40
? his proposed, i don't know. the medicare, medicaid, reform to get the tax cuts. >> bob: there will be form of entitlement of increasing the age of retirement age for social security, or taxing people. there are things in the works here. they won't let it happen at one time. you are doing this to protect people making moment. >> eric: a number came out, if you go ahead and let the bush tax cuts expire you raise eight or nine days of government. >> dana: the failure of the super committee is the reason we're here. they were supposed to get to a deal. they couldn't get to one. president obama and congress kicked it to this year. now we lead up to this moment. last february, john boehner speaker of the house sent a leletter saying this fiscal cliff is bad for the economy. let's work together now. president obama says no than thanks. this killed me. nothing changed since december of 2010. president obama talked about losing in the midterms and said the worst thing we can do is high inemployment and slow economic growth is raise taxes on anybody so support me in extension of
healtlth professions who helped us achieve the highest average star rating among national medicare ompanies... and become the first and only tional medicare advantage company to achieve a 5-star rating for a medicare plan... your forts result in the quality of care and service we're able to provide... which means better health outcomes... and more quaty time to share with the ones who matterost. i love you, grandma! [ le announcer ] h humana. ♪ >> no question about it, it's a trend. we've got another company paying shareholders a big dividend, ap taxes could go up in the you new year and today it's costco, paying a one time special dividend the $7 a share, and paying on september 18th and if the fiscal cliff hits, taxes on dividends go way up after january the 1st, and the total payout for costco is 3 billion dollars and doing it this year would save shareholders as much as 700 million in total in taxes, good deal. and a big drop today for the fresh markets, that's the fresh markets, that's the stock, a grocery store chain apparently, didn't know of it. didn't earn much money, it spent m
about this compromise and where we are. mr. speaker, saving social security and medicare is a priority that i believe both political parties share, contrary to much of what has been put out there. it is something to address in this measure. we are going to be able to save social security and medicare. creating jobs -- democrats and republicans talk about that. how is it that we will be able to do that? getting our fiscal house in order is a very important step in our quest to ensure that the people who are hurting and looking for jobs will have an opportunity to get them. sending a positive signal to the global markets that we are the world's economic, military, and deal political leader by increasing the debt ceiling, we are sending a positive signal that we will continue meeting our obligations and responsibility. at the same time, dramatically reducing spending, the problem that has gotten us to this point, is what we're doing for the first time ever. after 75 times increase in the debt ceiling, we are finally getting to the root cause. the problem is our debt. we are going to turn
are live at the breaking news desk of that story [ male announcer ] are you considering a new medicare plan? then you may be looking for help in choosg the right plan for your needs. so don't wait. call now. whatever your health coverage needs, unitedhealthcare can help you find the right plan. are you looking for something nice and easy? a medicare advantage plan can give you doctor, hospital and prescription drug coverage all in one plan... for nothing more than what you already pay for part b. you'll also have the flexibility to change doctors from a network of providers dedicated to helping you stay healthy. call now to learn more. unitedhealthcare has the information you need so you'll be better prepared when making medicare decisions. maybe you'd just like help paying for your prescriptions. consider a part d prescription drug plan. it may help reduce the cost of your prescription drugs. remember, open enrollment ends friday, december 7th. call unitedhealthcare to learn about medicare plans that may be right for you. call now. jenna: rating news from the world of sports. a former boxi
in return for defying part doctrine they must have changes in social security and medicare. >> i will sign only if they undo entitlement reform. >> reporter: be president has put them on the table before. during last year's failed talks on a grand bargain and more recently in his first post election press conference. >> we have to continue to take a serious look at how we reform our entitlements because health care costs continue to be the biggest driver of our deficits. >> reporter: mr. obama has insisted tax rates must rise. today a top democrat signalled openness to the republican stance. revenue could be raised by closing loopholes and limiting deductions. >> they have to go up either real tax rates or effective tax rates. >> reporter: tax begin this week amid tentative steps toward common ground. >> we can't go off the fiscal cliff. we have to show the world we're adults. the election is over. >> reporter: one ceo of honeywell said there's so much uncertainty hanging over the economy because business isn't confident that washington can go its basic job. he says people like me just are
from medicare, if they don't get what they want let the country go over the cliff, let the car jump off the cliff. then they will be in a stronger position to negotiate for the tax increases that they want on the other side. this can't be good news for the president who desperately needs to have a deal done so that he does not see the country plunged into fresh recession just as he is sworn into office. megyn: but now there are some who are predicting okay, yes even though this would be calamitous, it wouldn't be that calamitous if we got into january, it happened but only happened for a few weeks. then they struck a deal. the thinking of these democrats, reportedly, chris, the republicans are going to be much more likely to strike a deal if the tax hikes have automatically taken place on january 1, than then can swoop in as saviors who lower tax rates on everybody after they secretly just hiked them? we won't understand what just happened. >> well, there is some of that that the, what the republicans would be able to do thin would be, instead of having to ever vote for a tax increase o
in my 60's... i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it could save you thousands in out-of-pocket costs. call now to request your free decision guide. i've been with my doctor for 12 years. now i know i'll be able to stick with him. you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and you never need a referral. see why millions of people have already enrolled in the only medicare supplement insurance plans endorsed by aarp. don't wait. call now. >>> welcome back, everybody. well, the biggest online shopping day in history has just ended. the cyber monday numbers aren't all in just yet. but it appears online sho
cuts as i think you're getting at, you know, cuts to programs like medicare. is that something we could see taking shape here? >> you're talking about getting rid of redundancies. great example, 342 economic development programs that are in the federal government system. let's start cleaning up these redundancies. let's do some of these across the board cuts in discretionary spending. let's make certain that medicare and social security, which are trust funds, not entitlements, they're trust funds, that they meet their obligation to our seniors and near seniors. let's look at how they become long-term sustainable, because right now the liabilities that we have on the books for the federal government, this is something we have got to deal with. and, brooke, you know what, the president is doing is saying, look, let's address a tenth of the problem. let's talk about raising taxes, tax rights, so we can pay for eight or nine days more of federal government spending every year. what i'm saying is let's -- let's address the whole enchilada. >> i understand and i think -- >> we have to do som
like to pretend as though they're the great protectors of social security, medicare, and medicaid. they make solemn pledges all the time about how they won't even entertain a discussion about reform. what they don't say is that ignoring these programs is the surest way to guarantee their collapse. all we're calling for is an honest conversation. we all know these programs are in trouble. let's figure out a solution. when it comes to entitlements, republicans are guided by a simple principle: we don't want americans to age into a system that no longer exists. we do not want americans to age into a system that no longer exists. we want to protect them and to protect people's investment in them. but we can't do it alone. reform is something that can only be done by both parties together. that's the reality. and there's been a scandalous lack of leadership on this issue for years among democrat leaders in washington because they think it's a winner politically. what i'm saying is that the democrats just won the election. congratulations. turn off the campaign and recognize the opportu
they shouldn't do the happy dance just yet. republicans will want payback, as in medicare, medicaid and social security. so for all of you who want tax hikes for the wealthy, what are you willing to give up in return? on social security? raising the retirement age to 70? on medicare, a total revamp is in instead of the government paying your medicare bills, you pay them with help from the government? you tell me. talk back question this morning, what should republicans expect in return for new taxes? facebook.com/carolcnn. facebook.com/carolcnn. your comments later this hour. >>> more republican lawmakers -- well, as i just said, they're willing to break that no new tax pledge. we'll talk about that with our political panel, next. we use this board to compare car insurance rates side by side so you get the same coverage, often for less. that's one smart board. what else does it do, reverse gravity? [ laughs ] [ laughs ] [ whooshing ] tell me about it. why am i not going anywhere? you don't believe hard enough. a smarter way to shop around. now that's progressive. call or click today. [ gruntin
in the summer and say, don't bring in your healthcare reform stuff, don't bring in your medicare, don't bring in social security, focus exclusively on the question of whether or not you will raise taxes in order to offset these automatic cuts. the white house is trying to portray this as a one-for-one deal that they are going to renegotiate what they already negotiated in august. they say if republicans want less spending cuts on the defense side they better be willing to give up on the tax side and have tax increases. i think they are perfectly willing as it stands now to take it off the cliff and let the taxes go into effect, because if the republicans won't give them what they want on a tax rate increase for top earners they think they will get them later once people are outraged that their taxes went up. megyn: but, to not offer any spending cuts, what would be the republican incentive to agree to raising taxes on the wealthy if they don't get anything in return? >> well, the incentive would be from the president's point of view, is that everybody's taxes will go up anyway and once you ge
know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand medicare and whh aarp medicare supplement plan works best for you. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all travel with you. anywhere in the country. join the millions who have already enrolled in the only medicare supplement pla endorsed by aarp, an organization serving the needs of people 50 and over for generations... and provided by unitedhealthcare insurance company, which has over 30 years of experience behind it. call today. remember, all medicare supplement pla
ahead, mark your calendars. it's the last day you can switch your medicare part d plan. we're ready, and we can't wait to switch. what i wanted was simple: the most value for my dollar. so, now that it's time, we're making the move to a plan that really works for us. [ male announcer ] make the switch to an aarp medicarerx plan, insured through unitedhealthcare. open enrollment starts october 15th and ends december 7th. call now for a free information kit. you'll receive a summary of plan benefits and an enrollment form. discover why these part d plans are so popular with over 4 million plan members and counting. with predictable copays and plans with no annual deductible, you could start saving with your first prescription. plus, we'll be covered at like 60,000 pharmacies. so if we visit our kids in portland or go anywhere in the country, we know we're covered. [ male announcer ] the new preferred pharmacy network lets you enjoy copays for as low as $1 at thousands of pharmacies in retail locations like these. unitedhealthcare has worked to get low costs for plan members. [ man ] i
, republicans want changes to medicare and medicaid, cuts they say will keep both of them solvent for future generations. in exchange, one possible deal would eliminate deductions for the wealthy, maybe even the very popular mortgage deduction. and while republicans have been more open to revenue, that does not mean tax rate increases. many democrats insist that tax rates for the wealthiest americans absolutely have to go up. but they don't necessarily agree on how much they should rise. let me bring in usa today's washington bureau chief, susan page, and ryan grim. good morning to both of you. >> hey, good morning. >> good morning. >> we've laid out some of the basics there and warren buffett was out this morning talking about taxing the wealthy. he says there should be a minimum tax on millionaires. take a listen. >> i think it would have a great effect in terms of the morale of the middle class who have seen themselves paying high payroll taxes, income taxes, and then they've watched guys like me end up paying a rate that's below that, you know, paid by the people in my office. >> you kno
not be the entitlements, which we mean medicare and medicaid. there is a discussion about possibly raising the age for social security and coverage for medicare, that kd of thing. so there's probably some area that could be the subject of entitlement but we're in a period where they are not looking for kprcompromise. they are going through a dance. we had john boehner, for instance, speaker of the house, writing an op-ed saying that health care is on the table which is probably absurd and blatant effort to widen the perimeters, but he is negotiating with two different sides, negotiating with the democrats in the white house but also negotiating with the hard line faction in his own party. he can't look too weak into these negotiations or he won't get the final result passed. >> let's talk about another political story. the resignation of jesse jackson due to health issues and that federal investigation that's been going on for some time now. his father jesse jr. had this to say about his son outside his chicago home yesterday. take a listen. >> he's with his family. and having dinner. and having p
to raise the retirement age of medicare, might fold parts of medicare into one, so you can get efficiencies. that will be on the table. there's going to be cuts. and i don't think it's a mystery about how big the tax increase is going to be. john boehner says 800 billion, the president puts down a $1.6 trillion marker. doesn't take einstein to figure out you get $1.2 trillion. to me, that's going to be the size of the tax increase. you have warren buffett on later today. i think his op-ed in the "new york times" is one of three live options for how you get there. a flat minimum tax for rich people or some cap on deductions, which i think is going to becoming increasingly appealing to lawmakers as they try to solve this or flat out increasing the rates, which is a non-starter for a lot of republicans. i think you're going to see a slightly higher rate with some kind of cap on deductions or alternative minimum tax for rich people. >> a combination of those two. we've got a lot more to talk about with you. monday night football highlights the eagles showing they don't need michael vick to lose
the president said in 2010. >> the major driver of the long-term liabilities is medicare, medicaid and healthcare spending. nothing comes close. social security we could probably fix the same way tip o'neil and ronald reagan sat down together and we could figure something out. that is manageable. medicare and medicaid, massive problems down the road. that's where, that is what our children have to worry about. >> dana: here we are, two years later and still no plan. on the left in congress refusing to deal with that simple reality. vermont senator bernie sanders caucuses with the democrats. take a listen. >> i get nervous when i hear the president and others continue to talk about quote/unquote, entitlement reform. which is just another cut for medicaid and medicare and social security. >> eric: brian, start with you, today. >> dana: you look surprised. >> brian: i am. yet honored. >> dana: do you think they are closer to a deal? after thanksgiving people get back to work. >> brian: i was encouraged when i pick up the papered president is working with people. but then i pick up the
"morning joe." we're brewed by starbucks. of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. i want to get a big tv for my big family, for the big holiday. we like to watch big games. we got a big spread together... so it's gotta be big. how about the 55-inch lg tv. it's led and has incredible picture quality... that's big... but i got a little budget. with the walmart credit card special financing you can go big this year. that's big time! alright! [ male announcer ] get the season's hottest brands, like an lg 55-inch led tv. make an electronics purchase of $429 or more on your walmart credit card and get no interest if paid in full within 18 months. america's gift headquarters. walmart. inspiration. great power. iconic design. exhilarating perf
-max hybrid. a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgreens -- where you'll find 8,000 convenient locations. best of all, this plan has the lowest part d premium in the united states -- only $15 a month. open enrollment ends december 7th. so call today or visit your local walgreens. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you one-to-one. together for your future. ♪ we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heart
. [ male announcer ] are you on medicare? do you have the coverage you need? open enrollment ends friday, december 7th. so don't wait. now's the time to get on a path that could be right for you... with unitedhealthcare medicare solutions. call today to learn about the kinds of coverage we offer, including aarp medicarecomplete plans insured through unitedhealthcare. these medicare advantage plans can combine parts a and b, your hospital and doctor coverage... with part d prescription drug coverage, and extra benefits... all in one complete plan... for a $0 monthly premium. no more than what you already pay for medicare part b. unitedhealthcare doesn't stop there. we'll cover 100% of your preventive services... like an annual physical and immunizations... and you'll have the flexibility to change doctors within one of the nation's largest networks, dedicated to helping you live a healthier life. other benefits can include vision and hearing coverage -- and the pharmacy saver program gives you access to prescriptions as low as $2... at thousands of pharmacies across the country, in retail
healthcare insurance company, which has over 30 years of experience behind it. call today. remember, all medicare supplement plans help cover some of what medicare doesn't pay -- expenses that could really add up. these kinds of plans could save you in out-of-pocket medical costs. you'll be able to choose any doctor who accepts medicare patients. and you never need referrals. if you're thinking about your options, call today. when you call, request your free decision guide. and find the aarp medicare supplement plan that may be right for you. >>> you know travel is such a big part of the holidays nowadays. >> millions taking to the skies. and a major plane maker is trying to make things easy on you. abc's jim avila has more. >> reporter: it's the airplane designed to bring back some of the fun in flight. boeing 737 dream liner the passenger jet with swooping wings and fuselage made primarily of plastic composite. >> it's absolutely a generational step. >> reporter: boeing has sold more than 800 around the world. but united is the first u.s. airliner to fly the dreamliner in service that began thi
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